linked2pay Mobile App, Powered by transmodus, Adds Features to Optimize “Card Present” Credit Card Transactions for Businesses
Oxnard, CA (PRWEB) August 06, 2013 -- transmodus, the payments technology company that powers linked2pay, today announced the addition of a feature to optimize “Card Present” credit card transactions. This new feature provides the flexibility businesses need to capture their required and often unique data for a payment transaction anywhere, and retrieve a balance due or other data from their account receivable (A/R) systems. This new feature positions any business using the linked2pay mobile app to remotely accept more compliant “card present” transactions which carry a lower fee than “card not present” payments. Also the data captured to any added fields can be used to update the back office or for customized reports.
In an example of use, businesses can facilitate a “card present” payment when customers place orders for products or services that require delivery. So now when a customer makes an order online, over the phone or in person, the business can use Web Services or a manual entry to load those orders into linked2pay. Then, using linked2pay's mobile app, a delivery person out on their route can use a linked2pay lookup field(s) anytime during their shift to find a specific customer's order and allow them to make “card present” payment by swiping their card, authorizing, signing and getting a receipt all in one action. linked2pay stores the customer signature with that payment transaction report to reduce chargebacks while maintaining PCI compliance.
linked2pay Mobile App Features:
• Accept credit card and ACH payments anywhere
• Add new fields with option to link for look up and balance retrieval
• Simplified “card present” payment acceptance lowers fees
• Include any added fields in your reporting
• Automatic receipt emailed to the paying customer
• Custom report builder with email or API options
• Built-in compliance for card (PCI) and ACH acceptance
• Connects to existing or new merchant accounts with $0.00 card fees added
"We built linked2pay as a real business solution and have taken extra care to offer the type of flexibility that can meet a wide range of real world requirements. Being able to add custom fields and to have multiple versions of the mobile terminal with the option to retrieve our client’s A/R data to optimized “card present” transactions is a prime example of our determination to meet those needs in a robust, secure, cloud-based platform," according to Jay McShirley, CEO of transmodus.
linked2pay is a bundled solutions platform that combines mobile, online forms, email and a virtual terminal for the acceptance of credit card and ACH payments.
The certified linked2pay gateway connections include: Vantiv, TSYS, Authorize.Net, First Data, and others. We currently support Level 2 PCI compliance with a Level 3 project underway. Our certified payment types include e-commerce, MOTO, and retail (mobile).
For information on the “card present” and “card not present” fees:
http://usa.visa.com/download/merchants/visa-usa-interchange-reimbursement-fees-april2013.pdf
To sign up for linked2pay, go to: https://linked2pay.com
The linked2pay mobile app is free with a linked2pay account and comes with a free card reader. The app is available for Apple and Android mobile devices.
Developers: http://sandbox.linked2pay.com
About transmodus
The transmodus platform offers services that provide check, ACH and credit card payments automation. The company provides payment processing solutions for clients, banks, and channel partners. The transmodus platform is PCI compliant and has completed a SAS 70 Type II audit. transmodus launched the first On-Demand check processing platform in 2002 and the company is now positioned as a leader in ACH processing as a result of careful listening, thinking ahead, and moving forward with purpose. The Company powers linked2pay.com, a Cloud-Based solution simplifying payments processing by credit card or ACH.
For more information please visit https://transmodus.net, https://linked2pay.com or http://sandbox.linked2pay.com/l2p/static/get-sandbox.html
Forward-looking Statements: This press release may contain statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
Richard McShirley, linked2pay, https://linked2pay.com, (805) 886-0687, [email protected]
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